Close down "Harassing" Online Lending Apps

Close down "Harassing" Online Lending Apps

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Citizens Against OLA Public Shaming started this petition to Office of the Chairman Securities and Exchange Commission (Philippines) and

Online Lending Apps, such as the recently closed ones like JuanHand, Pesopop, CashJeep, and Lemon Loan have been rampant on the Google Playstore even before the pandemic started. But they have only become increasingly more dangerous after the pandemic has erupted.

These apps have been the subject of various complaints of unauthorized use of personal data that resulted in harassment and shaming of borrowers and are currently being investigated for violations of the Data Privacy Act and other NPC issuances.

The NPC said the apps have gained access to a trove of information in the borrowers’ mobile devices, including contacts and social media data, that are excessive and may be weaponized to harass and shame delinquent borrowers before persons in their mobile devices’ contact list to collect debts.

In four separate orders, the NPC directed Wefund Lending Corporation, Joywin Lending Investor Inc., Cash8 Lending Corporation, and Populus Lending Corporation – operators of Juan Hand, Lemon Loan, CashJeep, and Pesopop, respectively – to halt the processing of their borrowers’ personal data.

The Commission said the apps were engaged in “irrelevant, unnecessary, and excessive” harvesting of personal and sensitive information without borrowers’ free and informed consent.

Unfortunately, these four apps are only a few of the ones that are still available on the playstore. And even with an SEC ruling to ban them, they will still continue to access your information and sell them to the whoever wants to buy it.

THESE APPS WILL PUBLICLY SHAME YOU, THEY WILL CONTACT EVERYONE ON YOUR PHONE AND WILL EVEN POST YOUR FACE ON FACEBOOK.

LET'S STOP THIS. OUR INFORMATION NEEDS TO BE SAFEGUARDED AND WE NEED TO FIGHT THIS ILLEGAL COLLECTION OF OUR PERSONAL INFORMATION.

LET'S END THESE ONLINE LENDING APPS' HARASSMENT AND INVASION OF OUR PRIVACY AND RIGHTS AS HUMAN BEINGS!

 

 

0 have signed. Let’s get to 25!
At 25 signatures, this petition is more likely to be featured in recommendations!